Cameron Meredith's reported contract details: Patriots assume little risk

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Cameron Meredith will have to earn his money with the New England Patriots.

The veteran wide receiver signed a two-year contract with the Patriots on Aug. 2 that's worth $2.02 million and includes zero guaranteed money with injury waivers for both years, ESPN's Field Yates reported Wednesday.

ESPN's Mike Reiss followed with more details: Meredith's contract doesn't include a signing bonus but rather includes incentives for him simply being on the roster during the 2019 and 2020 seasons.

It's a deal that makes sense for the Patriots after they placed Meredith on the physically unable to perform list shortly after signing him.

The 26-year-old still is rehabbing from a knee injury that forced him to miss his final 10 games with the New Orleans Saints last season. That injury followed a torn ACL during the 2017 preseason that kept him off the field the entire year.

Meredith tallied 66 catches for 888 yards with the Chicago Bears the season prior, though, so if he can get healthy, the Patriots are hoping he can contribute to a patchwork receiving corps that includes just two returning contributors in Julian Edelman and Phillip Dorsett.

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